Knicks were reluctant to meet Jazz asking price for Donovan Mitchell before extending RJ Barrett : Report

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RJ Barrett has become the youngest $100 million man in Knicks history after reportedly signing an extension late Tuesday night. Does that mean New York is out of the running for Donovan Mitchell?

It shouldn’t, but according to ESPN’s Adrian Wojnarowski, it does “complicate” things.

Per Wojnarowski, the Knicks and Jazz were discussing trade packages for the three-time All-Star Mitchell, but Leon Rose set a Monday night deadline to get a deal done before New York would extend Barrett, who Utah reportedly had interest in acquiring in a deal for Mitchell. That deadline came and went with the two teams reportedly closing a gap between asking prices, but hit a standstill, and the Knicks committed to Barrett via a four-year extension worth up to $122 million.

Wojnarowski reports that the Jazz “greatly valued” Barrett and he was included in trade proposals, but the Knicks were reluctant to include Quentin Grimes as well in the deal, and the total number of unprotected first-round picks that the Jazz were seeking.

The Barrett extension makes including the 22-year-old in a trade for Mitchell highly unlikely due to the poison pill provision, but the two sides are reportedly not ruling out continuing trade talks, though the Knicks are reportedly “resigned” to the fact that acquiring Mitchell will now be much more difficult.

Follow Ryan Chichester on Twitter: @ryanchichester1

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